Australia’s Senate Economics Legislation Committee has released reports on proposed legislation to enhance the Australian Taxation Office's (ATO) ability to target promoters of tax exploitation schemes. The report proposes to implement new

Australia’s Treasurer Jim Chalmers presented the 2024-25 Budget yesterday, 14 May, 2024. The key proposals in the budget are as follows: Adjust the start date of the 2023–24 Budget measure on Tax Integrity, which expands the general

The Australian Taxation Office (ATO) published on Friday, 10 May, 2024, a list of priority public advice and guidance topics regarding the modifications to the thin capitalisation rules. Additionally, the ATO mentioned that it will update the

The Australian Taxation Office (ATO) issued a draft, on 10 May, 2024, for public consultation of the legislation A New Tax System (Goods and Services Tax): Waiver of Tax Invoice Requirement (Motor Vehicle Incentive Payment Made to Motor Vehicle

The Australian Taxation Office (ATO) issued a draft for public consultation on 10 May, 2024, regarding the legislation Taxation Administration (Withholding Variation for Certain Payments to US Resident Entertainers Including Athletes) Legislative

The Australian Taxation Office (ATO) published a notice on Thursday, 9 May, 2024, regarding the availability of tax payment relief options for struggling businesses in Australia. According to the ATO, paying the tax bill in full, and on time,